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Search Results 0 to 13 of about 14 (some duplicates have been removed)
hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's
hawaii tonight to try to work on a bargain between democrats and republicans. brianna keilar is traveling with the president in hawaii and joins us now. good morning, brianna. did the president cut his vacation short or was it planned all along? >> reporter: he did cut his vacation short from what was initially planned which was to go through the new year, so yes, he cut it short. i think we have a sense he might be heading back to d.c., carol, you'll recall when talks fell apart last week between house speaker john boehner and the president as the president departed for hawaii he talked to reporters in the briefing room and he said "see you next week" so i think we had a sense he would be coming back earlier than initially planned and it was just a matter of when, not if, and he'll be heading back tonight, that's local time so he'll be traveling overnight, it's quite a long flight, nine or ten hours and he'll be back in d.c. by thursday late morning. >> any behind the scene talks over the holiday? >> reporter: right now the white house has been in communication with senate democrats but
in hawaii, first lady michelle obama took phone calls from some lucky kids who are tracking the progress of santa claus through a site set up by norad. as it turns out, a record number of those kids and adults were looking for reel time updates on st. nick. as of midnight, trackers answered more than 111,000 calls. that is 4,000 more than last christmas. pretty cool. >>> major markets ended christmas eve on the downside, but who could be gloomy with santa on hand to ring the bell. chris botti jazzed up the stock exchange with a little christmas cheer. some 17 million shoppers were out yesterday with gift cardeds, wine and liquor topping last minute flicks. netflix suffered a massive outage which it blamed on the cloud network. acer is reportedly looking to launch a $99 tablet early next year. >>> if you are looking for last minute gift or maybe a bite to eat this morning it, starbucks, ihop and equal green's should all be open today. >>> it will be a short merry christmas for members of congress with the country perched on the precipice of what some are calling fiscal disaster. lawmakers
the president cutting his holiday vacation in hawaii short to get back to work on avoiding the fiscal cliff. the white house says the president is set to return to the nation's capital tomorrow morning to try to hammer out a deal where lawmakers on stopping automatic tax hikes and deep spending cuts from kicking in, which is set to happen, if you're not watching the calendar, six days from now. if they don't reach a deal many say it could send the country right back into recession. ed henry is live in honolulu, hawaii. is this a sign the president sees progress in the talks? >> reporter: well, good to see you. it may be the opposite. the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning
's flight is cancelled. >> gretchen: we'll talk about that. say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that ex
. the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wait until march to file their tax returns. congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that
's. it's amazing what soup can do. >>> the president heading back to d.c. from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the senate, all eyes on now, that we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for th
left hawaii. he left last night, arriving in d.c. early this morning. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other player
morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a lette
this is president obama leading hawaii and now everyone is going to try to reach a deal on the fiscal cliff. >> we are taking a live look here at our mt. tam cam. you can see it shaking around. my favorite shot of the morning with relatively clear conditions. we have high clouds up above but no issues with visibility. today's forecast, expect sunshine and dry and pleasant weather. we'll have some changes and introduce some showers into the forecast which could continue into saturday morning. it looks like we'll be drive by sunday. satellite and radar shows a high pressure is in control for now. we have changes to talk about in my next report. >> speaking of walking you could probably walk across the toll plaza without being hit this morning. traffic is light and no delays coming out of the macarthur maze. east bay freeways are running much lighter than usual. we're still looking at under 25 minutes drive time from the bottle to the golden gate bridge. >> a developing story and walnut creek where there is an officer involved shooting and ended with a suspect being cleat killed. will tran is live wi
when they hit hawaii? i hope ed henry is okay. surfers tell their dramatic story. kelly: plus a high-tech mystery going on in iran. did it come under major cyberattack or not? we'll go in depth next there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. kelly: a desperate search for a 10-year-old girl in las vegas. last seen with a suspect wanted in a casino stabbing. the effort to find her safe and alive. >>> and new criticism over president obama's reported pick for secretary of defense. the backlash coming from the right and the left over the potential nomination of chuck hagel and whether it could make him bail out. >>> and serious health warn
since 2006. now, prices rose in 45 states, led by a 21% jump in arizona and a 13% rise in hawaii. and according to the national association of realtors, they say the number of homes available right now, the lowest level in ten years. these are great numbers, josh, that's helping to increase demand along with historically low mortgage rates. finally some good news. >> some cautious optimism to be sure. bianna, thank you for that. >>> a major headline overnight for anyone who takes aspirin to protect their heart. a study out this morning finds that aspirin that is specially coated to protect against stomach irritation may not have the same benefits as the regular, uncoated pill. researchers found the coating may obscure the heart-healthy benefits of the drug. and what's more, researchers say that coating does little or nothing to actually protect your stomach. >>> overseas, the president of egypt, a key ally in the increasingly volatile middle east, has returned to the presidential palace this morning. he fled tuesday, as a mob of some 10,000 protesters swarmed outside, throwing ch
together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congress comes back two days after christmas. that gives them four dice come to an agreement and pass something.
Search Results 0 to 13 of about 14 (some duplicates have been removed)